Policy

The International Renewable Energy Agency has devised a valuation framework to lay the foundations for successful storage deployment. As the technology matures and moves toward a projected fall in price, revenue stacking will be crucial to assess viability and properly value its benefits.

Large solar parks awarded contracts under Germany’s tender scheme could lose funding if not brought online on time. The nation’s solar trade body believes the government should quadruple its annual PV deployment target despite an anticipated coronavirus-related hiatus in roll-out.

A fund backed by the United Nations and the government of Luxembourg is helping companies to provide small solar PV systems and innovative cooking stoves in the economically challenged West African nation.

Market intelligence firm BloombergNEF has published a report with power company Statkraft and clean energy distributor Eaton highlighting the importance of sector coupling for Europe’s decarbonization plans. Analysts examined the power markets of Germany and the U.K. and concluded effective sector coupling including the use of green hydrogen could lead to greenhouse gas emission reductions of 83% by 2050.

The planned disposal of more than a third of the Chinese solar company’s project portfolio would take a significant chunk out of its debt mountain but trading in company stock was halted this morning, pending an announcement in relation to the project sale. Shunfeng sold off German PV project monitoring business meteocontrol to another operation owned by its main shareholder at the end of last year.

The Mozambican Energy Fund and the Belgian Development Agency have kicked off a tender to facilitate the construction of five solar minigrids to improve rural electricity access in the southern African nation. Prospective developers have until the end of the month to express interest.

A viral outbreak in the city of Wuhan, in China’s Hubei province, has become a nationwide health crisis with global implications. And with PV manufacturing concentrated in China, there are serious implications for all corners of the solar world, reports Vincent Shaw in Shanghai.

The Carbon Tracker Initiative crunched some numbers and discovered that more than half a trillion dollars worth of coal investments are at serious risk due to the declining cost of renewables.

The Chinese manufacturer had not updated its English-speaking investors since October and now appears set to have its chief Chinese operations taken over by creditors.

The African Development Bank has agreed to invest $200 million to improve electricity access in Nigeria by building minigrids throughout the country.